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Last $69.49 USD
Change Today -1.57 / -2.21%
Volume 5.7M
D On Other Exchanges
As of 8:04 PM 02/8/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

120 Tredegar Street

Richmond, VA 23219

United States

Phone: 804-819-2000


Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. As of December 31, 2014, the company’s portfolio of assets includes approximately 24,600 megawatt( MW) of generating capacity, 6,400 miles of electric transmission lines, 57,100 miles of electric distribution lines, 10,900 miles of natural gas transmission, gathering and storage pipeline and 21,900 miles of gas distribution pipeline, exclusive of service lines. As of December 31, 2014, the company served approximately 5 million utility and retail energy customers in 10 states and operates underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity. The company’s operations are conducted through various subsidiaries, including Virginia Electric and Power Company (Virginia Power) and Dominion Gas Holdings, LLC (Dominion Gas). Virginia Power is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina. In Virginia, Virginia Power conducts business under the name Dominion Virginia Power and primarily serves retail customers. In North Carolina, it conducts business under the name Dominion North Carolina Power and serves retail customers located in the northeastern region of the state, excluding certain municipalities. In addition, Virginia Power sells electricity at wholesale prices to rural electric cooperatives, municipalities and into wholesale electricity markets. All of Virginia Power’s stock is owned by the company. Dominion Gas serves as the intermediate parent company for the majority of the company’s regulated natural gas operating subsidiaries, which conduct business activities through a regulated interstate natural gas transmission pipeline and underground storage system in the Northeast, mid-Atlantic and Midwest states, regulated gas transportation and distribution operations in Ohio, and gas gathering and processing activities primarily in West Virginia, Ohio and Pennsylvania. Dominion Gas’ wholly-owned subsidiaries are Dominion Transmission, Inc. (DTI), The East Ohio Gas Company, doing business as Dominion East Ohio (East Ohio) and Dominion Iroquois, Inc. (Dominion Iroquois). DTI is an interstate natural gas transmission pipeline company serving a mix of customers, such as local gas distribution companies, marketers, interstate and intrastate pipelines, electric power generators and natural gas producers. Segments The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. Virginia Power manages its daily operations through two primary operating segments, DVP and Dominion Generation. DVP The DVP segment of the company and Virginia Power includes Virginia Power’s regulated electric transmission and distribution (including customer service) operations, which serve approximately 2.5 million residential, commercial, industrial and governmental customers in Virginia and North Carolina. Virginia Power is a member of PJM Interconnection, L.L.C. (PJM), an regional transmission organization (RTO), and the company's electric transmission facilities are integrated into PJM wholesale electricity markets. Properties: Virginia Power owns and maintains the company's electric transmission facilities, which are a part of PJM, which coordinates the planning, operation, emergency assistance and exchange of capacity and energy for such facilities. Dominion Generation The Dominion Generation segment of Virginia Power includes the generation operations of the Virginia Power regulated electric utility and its related energy supply operations. Virginia Power’s utility generation operations primarily serve the supply requirements for the DVP segment’s utility customers. The Dominion Generation segment of the company includes Virginia Power’s generation facilities and its related energy supply operations, as well as the generation operations of the company’s merchant fleet and energy marketing and price risk management activities for these assets and nonregulated retail energy marketing operations. The generati


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